• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My account
  • Log In
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • All Headlines
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Premium Report
  • Features
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Aftermarket 2020
    • Tyre Recycling 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Search
  • Menu
You are here: Home1 / Legal Action

Legal Action

Posts

Nokian Tyres’ former board face insider trading charges

Company News, Legislation
Nokian Tyres

Nokian Tyres 2015-2016 board members are facing insider trading charges and the company faces a fine of up to 850,000 euros. At least that’s what the public prosecutor in Finland is demanding.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Michelin releases statement on tyre testing and transparency
  2. Tax bill: Nokian Tyres wins appeal
  3. Nokian Tyres: Test rigging case referred to Prosecutor’s Office
  4. Prosecutor pressing charges against former Nokian Tyres employees
10th November 2020/by Chris

Prosecutor pressing charges against former Nokian Tyres employees

Company News

Finnish prosecutors have decided to press charges against six former members of the Nokian Tyres plc board as well as past president & chief executive officer Ari Lehtoranta; all were associated with the company in the period between 2015 and 2016. It additionally intends to impose a corporate fine upon the company, to a maximum of 850,000 euros. The prosecutor has also decided to press charges for suspected abuse of insider information against four persons who were employees of Nokian Tyres in 2015. In a statement supplied to Nasdaq Helsinki yesterday, Nokian Tyres stresses that “all persons charged deny their involvement in any criminal activity”

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Nokian Tyres: Test rigging case referred to Prosecutor’s Office
  2. Nokian: Several firms involved in tyre test manipulation
  3. Nokian Tyres withdraws financial guidance for 2020
  4. Nokian Tyres’ former board face insider trading charges
30th October 2020/by Stephen

Bridgestone wins Brazil trademark infringement case

Company News, International News
Bridgestone

On 29 June Bridgestone Corporation (Bridgestone) announced that it won a long-running trademark and trade dress infringement lawsuit against Brazilian retread company New Tyre Remoldadora De Pneus (New Tyre), in the São Paulo Court of Appeals.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Bridgestone wins trademark lawsuit against Chinese firms
  2. Bandag sues transport company for trademark infringement
  3. Deestone to keep its name despite Bridgestone brand dispute
  4. Bridgestone wins patent infringement lawsuit
6th July 2020/by Chris

Goodyear management convicted of unfair dismissal over Amiens closure

Career Tracks, Company News
PneusNews

Goodyear management has been convicted by the Amiens court for the unfair dismissal of 832 of its former employees. The manufacturer’s factory in Amiens Nord, France, which specialised in the production of agricultural tyres, closed in January 2014. The closure brought to an end a six-year stalemate between staff and management, with the loss of 1,143 jobs. The Thursday May 28 judgement saw the court ask for the provisional execution of the sentence, as requested by the employee’s lawyer, Fiodor Rilov. The amount of damages to be paid is not yet available. Goodyear management has indicated that it has taken note of the ruling, adding that it reserves “the right to appeal.”

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. End of the road for Goodyear’s Amiens-Nord plant?
  2. Court throws out Goodyear Amiens lawsuit
  3. Goodyear Amiens Nord deal ends years of tension
  4. Titan still open to Goodyear Amiens Nord deal
29th May 2020/by Andrew

Vaculug former directors sue new owner

Retreading, UK News
Vaculug logoVaculug

Following initial claims earlier this year, a group of former shareholders and directors of retreader and commercial vehicle tyre supplier Vaculug have denied that financial accounts were manipulated ahead of its sale to Grantham Capital and launched their own legal action against the new owner.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. £7 million fraud suit brought against Vaculug’s former owners
  2. Vaculug names new MD, fleet appointments
  3. Bucking the trend: how UK retreaders like Bandvulc are navigating market storms
  4. Continental buys Bandvulc
20th May 2020/by Chris

Schrader to pay US$31 million for TPMS patent infringement

Company News, International News
William Woodford

On 14 February 2020, Schrader was found to have contributed to and induced infringement of Wasica Finance GmbH and BlueArc Finance AG’s 524 patent. The patent relates to tyre pressure monitoring systems (TPMS) technology. As a result, the claimants were awarded US$31.2 million in royalty damages.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Schrader group sold to Sensata for US$1 billion
  2. TPMS maker Schrader sold for US$505 million
  3. VMI wins case against Safe-Run
  4. Bridgestone wins patent infringement lawsuit against Wanli
2nd March 2020/by Chris

£7 million fraud suit brought against Vaculug’s former owners

Company News, Retreading, UK News
High Court

Grantham Capital Ltd, which bought well-known independent retreader Vaculug Traction Tyres 18 months ago, filed a £7.2 million fraud action against Vaculug’s former owners on 16 January 2020.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Vaculug former directors sue new owner
  2. Vaculug names new MD, fleet appointments
  3. Dunlop Aircraft Tyres confirms sale talks
  4. Zenises buys Vacu-Lug
12th February 2020/by Chris

Counterfeiting: Flattery or just illegal imitation?

Editorial/Comment, International News, UK News
Tyre piracy and counterfeiting

“Imitation is the sincerest form of flattery”, according to Oscar Wilde. But businesses don’t tend to be so charitable in their interpretation of such actions. Indeed, industrial counterfeiting, copyright breaches and general contempt for intellectual property are all-too common. The most recent example of copyright dispute in the tyre industry saw one of the world’s largest and longest established tyremakers pitted against a relative unknown.

Read more

Related news:

  1. Michelin suing Atturo over alleged patent infringement
  2. VMI awarded damages in Shuangjun case
  3. Michelin wins unanimous verdict in US$80 million rollover case
  4. TecAlliance takes on the counterfeiters
3rd January 2020/by Chris

The Klarius case and the future of exhausts in an electric vehicle world

Legislation, Premium, UK News
Klarius products undergo rigorous quality testing

On 3 December 2019, Manchester Crown Court cleared five current and past directors and managers of Klarius Products Ltd of charges of selling non-typed approved catalytic converters. Following the news of the Klarius directors’ acquittal, Tyres & Accessories got in touch in order to find out the inside line of what happened in and around the case.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Low performing car tyres illegal from 1 May 2021
  2. GDPR legislation takes effect this month
  3. Schmettau & Fuchs partners with Klarius on new emissions product range
  4. Tyre labelling legislation: New and old labels will co-exist
13th December 2019/by Chris

One in four have damaged their car on a speedhump or pothole

UK News

One in four people have damaged their car on either a speedhump or pothole, rising to almost one in three (30 per cent) in urban areas.

Read more

Related news:

  1. HiQ warns of state of British roads, as car repairs rise
  2. TyreSafe: significant increase in cracked wheel rims
  3. AlloyGator launches Save My Alloys competition
  4. Court ruling bans Bob Jane from using own name
12th December 2019/by admin

Hankook Tire CEO Cho indicted on bribery, embezzlement charges

Company News, International News

South Korea’s Yonhap News Agency has reported the indictment of Cho Hyun-bum, chief executive of tyre maker Hankook Tire & Technology. According to Yonhap, prosecutors said yesterday that Cho was indicted for accepting bribes and embezzling corporate funds.

Read more

Related news:

  1. Hankook CEO arrested on bribery charges
  2. Wholesale acquisition: Hankook Tire buys Reifen Müller
  3. Hankook Tire postpones Hungary truck tyre plant
  4. Hankook Tire CEO Cho receives suspended prison sentence
10th December 2019/by Stephen

Tyremakers among 52 automotive suppliers in US$23 million antitrust settlement

International News, Legislation

Tyre manufacturers Toyo, Bridgestone and Continental are amongst the 52 automotive suppliers that paid a total of $23 million in settlements for antitrust law violations in California, USA.

Read more

Related news:

  1. US Justice Department indicts current, former Bridgestone executives
  2. Toyo wins latest round of Doublestar legal action
  3. US trade body investigating Toyo complaint
  4. 6 tyre manufacturers among GM supplier award winners
6th December 2019/by Chris

Crown Court acquits Klarius directors

Legislation, UK News

Manchester Crown Court cleared five current and past directors and managers of Klarius Products Ltd of charges of selling non-typed approved catalytic converters on 3 December. The case, which was brought by the DVSA, had alleged that between 01/02/2013 and 30/08/2015 the business of Klarius Products Ltd, carried on for fraudulent purposes, the marketing, distribution and sale of counterfeit and non-type approved catalytic converters.

Read more

Related news:

  1. Schmettau & Fuchs partners with Klarius on new emissions product range
  2. Euro Car Parts asks how will VW scandal affect UK garages?
  3. IMI approves latest Klarius Products training
  4. Klarius: How will WLTP real-world emission tests affect the automotive aftermarket?
4th December 2019/by Chris

Hankook CEO arrested on bribery charges

Company News, International News
Cho Hyun-bum

Hankook Tire chief executive Cho Hyun-bum was arrested in Seoul on allegations including bribery and embezzlement on Thursday 21 November 2019, according to local news sources including The Korea Times and Reuters.

Read more

Related news:

  1. Hankook Tire CEO Cho indicted on bribery, embezzlement charges
  2. Technodome – Hankook Tire opens new R&D centre in Korea
  3. Hankook Tire CEO Cho receives suspended prison sentence
  4. New R&D centre: Hankook breaks ground on ‘Technodome’
22nd November 2019/by Chris

DVSA wins prosecution against DPF manufacturer

Product News, UK News

The Driver and Vehicle Standards Agency (DVSA) has won a landmark prosecution case against a Hampshire aftermarket emission control parts manufacturer for supplying products which fail to meet the required environmental standards.

The case against European Exhaust and Catalyst Ltd, which took place at Portsmouth Magistrates Court and concluded on Monday 28 October, resulted in a criminal conviction for the company and a £3,000 fine.

Read more

Related news:

  1. Bosal goes into administration
  2. Landmark criminal prosecution of emission parts maker by DVSA
  3. Quinton Hazell Cheadle sold, other sites closing
  4. Tyre dominance in overall aftermarket beginning to diminish
7th November 2019/by Chris
Page 1 of 10123›»

Advert Location: 3

Advert Location: 10

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top